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Tag: TAQA Arabia
TAQA

TAQA Arabia to build 180 natgas filling stations with EGP 3.6 bn investment

Posted: January 10, 2021 at 11:41 am   /   Oil & Gas

TAQA Arabia will invest EGP 3.6 bn to build 180 natgas filling stations between now and 2023, Executive Chairman Khaled Abu Bakr told Kelma Akhira’s Lamees El Hadidi last night. Qalaa Holdings’ energy distributor was announced last week as a private sector partner that will help expand the country’s network of natgas stations as more […]

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adnoc

Adnoc, Taqa Arabia in the running for a stake in Wataniya Petroleum

Posted: December 20, 2020 at 12:38 pm   /   Oil & Gas

Adnoc, Taqa Arabia in the running for Wataniya: A number of investors at home and abroad have expressed interest in acquiring a majority stake in the military-owned oil distribution company Wataniya Petroleum, Bloomberg reported on Thursday. Buyer #1: State-owned Abu Dhabi National Oil Company (Adnoc), which produces most of the UAE’s oil, is interested in […]

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Solar

EBRD, TAQA Arabia promote private-to-private renewable energy in Egypt

Posted: December 13, 2020 at 10:08 am   /   Renewables

EBRD loan to TAQA PV for Solar Energy, renewable energy arm of TAQA Arabia First tranche of loan to finance construction of 6 MWp solar photovoltaic power plant to supply dairy producer Dina Farms One of Egypt’s first private-to-private renewable energy projects The European Bank for Reconstruction and Development (EBRD) is promoting the expansion of […]

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TAQA Arabia

TAQA Arabia’s IPO in the EGX “not in the near future” – sources

Posted: December 1, 2020 at 12:00 pm   /   Oil & Gas

Qalaa Holdings’ TAQA Arabia won’t be making its EGX debut in the near future due to the potential for market volatility caused by the pandemic, the local press reported yesterday, quoting sources close to the matter. Qalaa had reportedly planned to list 30-40% of its portfolio company in the first half of 2020. The company […]

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taqa_station

TAQA Arabia to inaugurate new natural gas fueling stations this year

Posted: September 17, 2020 at 11:15 am   /   Oil & Gas

TAQA Arabia is planning to open several natural gas fueling stations before the end of the year at a combined cost of EGP 145 mn, TAQA CEO Pakinam Kafafi said, according to Al Mal. The new stations will bring the total number operated by the Qalaa Holdings subsidiary to 21, and come as part of […]

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Solar

Electricity generation capacity glut forces companies to think smaller on solar

Posted: August 31, 2020 at 1:59 pm   /   Renewables

Qalaa Holding’s TAQA Arabia will be focusing on small-scale solar projects to the tune of 2-10 MW in Egypt for the next two years, as the government slows down reliance on renewables amid a production glut, the company’s project director Mohamed Osama said at a webinar hosted by EQ Magazine and the Middle East Solar […]

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Solar

TAQA Arabia to increase investment in MENA renewable projects

Posted: August 31, 2020 at 1:56 pm   /   Renewables

Company to focus on small solar plants, rooftop projects in Egypt: Egypt’s TAQA Arabia is looking to increase investment in renewable projects in the Middle East and Africa, according to a senior company official. “We are studying several projects in the Middle East and Africa and expect procurement in the solar sector to be strong […]

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Taqa

EGAS, TAQA Arabia sign agreement to deliver natgas to El Wadi El Gedid

Posted: August 26, 2020 at 12:27 am   /   Oil & Gas

The Egyptan Natural Gas Holding Company (EGAS) signed yesterday a cooperation protocol with Qalaa Holdings’ TAQA Arabia to connect homes in El Wadi El Gedid to the natural gas grid by using compressed natural gas (CNG), according to an Oil Ministry statement. The agreement will see 14k homes in the governorate connected to the grid […]

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TAQA Arabia inaugurates its first natgas fueling station in New Cairo

Posted: July 16, 2020 at 11:50 am   /   Oil & Gas

TAQA Arabia inaugurates its first natgas fueling station as part of EGP 650 mn plan to build out 50 stations with National Company for Roads: Qalaa Holdings subsidiary TAQA Arabia and the National Company for Roads inaugurated yesterday the first natural gas fueling station under their three-year, EGP 650 mn plan to set up 50 […]

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Solar

TAQA Arabia, Hassan Allam break ground on EGP 1.35 bn Benban solar plant

Posted: August 29, 2018 at 1:22 pm   /   Renewables

Qalaa Holdings subsidiary TAQA Arabia and Hassan Allam Holding have begun constructing their EGP 1.35 bn, 50 MW solar power plant in Aswan’s Benban complex, Qalaa said in a statement to the EGX. The project is being finance by five international institutions, including the International Finance Corporation IFC, according to the statement. The power plant […]

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